Barclays close to appointing Jes Staley as new chief executive, reports

James Nickerson
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John McFarlane has been looking for a new CEO since July (Source: Getty)

Barclays is to announce its new chief executive as Jes Staley, according to reports.

As John McFarlane, Barclays' chairman, looks to address shareholders' concerns about the institution's investment banking arm, those familiar with the matter have suggested that Antony Jenkins' successor could be announced within the next two weeks.

Read more: Barclays share price climbs after board sacks Antony Jenkins in favour of boss with "new set of skills"

The Financial Times has reported that ex-JP Morgan investment banker Jes Staley, who was offered the Barclays top job in 2010, is to be offered the role.

One person close to the process said Staley had been selected from a shortlist of two people.

Read more: McFarlane's knife is out at Barclays, leaked memo hints

Antony Jenkins was sacked in July, with the bank's board saying it sought a leader with "a new set of skills".

The move left McFarlane in charge. He has led the search for Jenkins' successor. Jenkins' departure did not signal any major change in strategy, the board said at the time.

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